Employment relations Essay Example | Topics and Well Written Essays - 2750 words

Employment relations - Essay Example Employment relation is used to exist when an individual performs services or works under several conditions in return for salary or wage. It also can be defined as the obligations and rights created between employees and employers. Employment relations have three important faces, such as problem solving, science building and ethical. In the science building phase, employment relation assumes that labour markets are not perfectly competitive. In addition to this, employment relation scholarship also assumes that there are some conflicts of interests used to exist between employees and employers due some particular aspects, such as higher profits versus higher wages. The concept and root of employment relation emerged during industrial revolution. It has created modern employment relationship by generating large-scale industrial organizations and free labour markets. It is true that global societies wrestled with several massive economic, social and political issues. Now-a-days, the as pect of good employment relation has become necessary for each and every large and small organization as it is highly important to retail skilled and effective employees in this competitive global market place. The essay will critically analyze and evaluate the importance of employment relations to the successful organizations. It is true that several leading organizations in this world are trying to enhance effective relationship between the employers and employees in order to maintain their existing position in market pace. It is true that employment relations can be considered as a valuable part of industrial relations. Employment relations have its roots in the industrial relation. The concept of employment relation was emerged due to several industrial issues, such as long working hours, low wage rate of labours, abusive supervisory practice, and dangerous and monotonous work. High employee

Assigment 3 and 4 Assignment Example | Topics and Well Written Essays - 750 words

Assigment 3 and 4 - Assignment Example The high demand for the free goods affects the demand that the markets are able to supply. Non payers are not able to be prohibited in using the goods. Market failures are common in provision of public goods. When there is no payment of goods, revenues are not earned from the goods that are produced hence the market is not able to produce more. Government distortion is common in production of public goods through production subsidizing and protection of intellectual property inadequately (Hubbard and Anthony, 51). When the interference occurs, the market is not able to earn revenues and profits from the goods produced. This leads to market failure. Government intervention leads to protection of goods in a market and other firms are not able to enter easily into the markets. 5. Free rider problem occurs when a consumer is in a position of enjoying a good or service without paying for it. Marketers providing public goods have successfully used a number of techniques to encourage those who use the products to contribute to them (Hubbard and Anthony, 67). In the techniques used, they give contributors private goods, arrange matching contribution for them and appeal to the sense of civil and moral responsibility. Solutions are as follows: Common in public and beautiful sceneries those citizens are ready to access through payments. Limiting entrance for such areas may make them private. This is common in sectors that are on high demand in an economy in general. Citizens are beneficiaries of services from the government such as defense. They pay for this indirectly through taxation. Though some taxpayers complain, this remains one of the best ways of making the economy of a country flow steadily. 6. Poverty trap is a mechanism that forces people to remain below the poverty line. It is common in under-developed and developing countries (Hubbard and Anthony, 83). The main causes of the poverty trap are inadequate credit to citizens and